Let the amount deposited (principal) be x, then the amount after the required time = 2x.
A = P(1 + r/n)^nt: where A is the future value = 2x, P is the principal = x, r is the rate = 0.75%, n is the number of accumulation in a year = 12, t is the number of years.
2x = x(1 + 0.0075/12)^12t
2 = (1 + 0.000625)^12t
log 2 = 12t log (1.000625)
log 2 / log (1.000625) = 12t
1109.38 = 12t
t = 92 years
Answer:
At the end of 20 years, your savings will have grown to $16,036. You will have earned in $11,036 in interest.
Step-by-step explanation:
Answer:x=-3,y=3
or (-3,3)
Step-by-step explanation:
The vertex is where g(x) = 0
i.e. where 8(x^3)^2-7 is equal to x
who wrote this question, there aRE OBVIOUS errors.
I am not sure but I think the answer is of second one.
